JPMorgan Chase & Co. Boosts Dell Technologies (NYSE:DELL) Price Target to $165.00

Dell Technologies (NYSE:DELL) had its target price raised by analysts at JPMorgan Chase & Co. from $145.00 to $165.00 in a research report issued to clients and investors on Wednesday,Benzinga reports. The brokerage presently has an “overweight” rating on the technology company’s stock. JPMorgan Chase & Co.‘s price target indicates a potential upside of 5.74% from the stock’s previous close.

Several other equities analysts have also weighed in on the stock. Evercore ISI lifted their target price on shares of Dell Technologies from $150.00 to $160.00 and gave the company an “outperform” rating in a report on Friday, August 15th. Morgan Stanley raised their price target on shares of Dell Technologies from $135.00 to $144.00 and gave the company an “overweight” rating in a research report on Thursday, August 21st. Weiss Ratings reiterated a “hold (c+)” rating on shares of Dell Technologies in a research report on Wednesday. Barclays raised their target price on Dell Technologies from $133.00 to $151.00 and gave the company an “equal weight” rating in a research report on Wednesday. Finally, Cowen reaffirmed a “hold” rating on shares of Dell Technologies in a report on Friday, August 29th. Seventeen equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $160.53.

Dell Technologies Stock Performance

Shares of DELL opened at $156.05 on Wednesday. The business’s 50-day moving average is $133.51 and its two-hundred day moving average is $116.47. The company has a market capitalization of $104.92 billion, a P/E ratio of 22.95, a P/E/G ratio of 1.12 and a beta of 1.05. Dell Technologies has a fifty-two week low of $66.25 and a fifty-two week high of $166.10.

Dell Technologies (NYSE:DELL) last issued its earnings results on Thursday, August 28th. The technology company reported $2.32 EPS for the quarter, topping analysts’ consensus estimates of $2.29 by $0.03. The firm had revenue of $29.78 billion for the quarter, compared to the consensus estimate of $29.14 billion. Dell Technologies had a negative return on equity of 236.21% and a net margin of 4.73%.The company’s revenue was up 19.0% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.89 earnings per share. Dell Technologies has set its Q3 2026 guidance at 2.450-2.450 EPS. FY 2026 guidance at 9.550-9.550 EPS. Analysts forecast that Dell Technologies will post 6.93 EPS for the current year.

Insider Buying and Selling at Dell Technologies

In other Dell Technologies news, Director Iv (Gp) L.L.C. Slta sold 824,999 shares of the firm’s stock in a transaction on Monday, September 22nd. The stock was sold at an average price of $135.98, for a total value of $112,183,364.02. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director V (Gp) L.L.C. Slta sold 565,000 shares of Dell Technologies stock in a transaction on Thursday, September 18th. The stock was sold at an average price of $132.32, for a total transaction of $74,760,800.00. The disclosure for this sale can be found here. Over the last three months, insiders sold 4,191,683 shares of company stock valued at $578,511,613. 42.00% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. Exchange Traded Concepts LLC increased its holdings in shares of Dell Technologies by 25.9% in the first quarter. Exchange Traded Concepts LLC now owns 2,460 shares of the technology company’s stock valued at $224,000 after purchasing an additional 506 shares during the last quarter. First Hawaiian Bank increased its stake in shares of Dell Technologies by 67.1% in the 1st quarter. First Hawaiian Bank now owns 34,878 shares of the technology company’s stock worth $3,179,000 after acquiring an additional 14,010 shares during the last quarter. Carolina Wealth Advisors LLC purchased a new position in shares of Dell Technologies during the 2nd quarter worth $8,869,000. Wealthcare Advisory Partners LLC boosted its position in shares of Dell Technologies by 44.9% during the 1st quarter. Wealthcare Advisory Partners LLC now owns 2,612 shares of the technology company’s stock valued at $238,000 after acquiring an additional 809 shares during the last quarter. Finally, Mather Group LLC. grew its holdings in shares of Dell Technologies by 113.3% in the first quarter. Mather Group LLC. now owns 1,043 shares of the technology company’s stock valued at $95,000 after purchasing an additional 554 shares during the period. 76.37% of the stock is owned by hedge funds and other institutional investors.

About Dell Technologies

Dell Technologies Inc designs, develops, manufactures, markets, sells, and supports various comprehensive and integrated solutions, products, and services in the Americas, Europe, the Middle East, Asia, and internationally. The company operates through two segments, Infrastructure Solutions Group (ISG) and Client Solutions Group (CSG).